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Nov 3, 2012
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. >> he said he would cut the deficit in half, instead, it's double what it was. he said he'd get unemployment by now down to 5.2%, and we learned today, it ticked up to 7.9%, that's 9 million jobs short. >> that was governor mitt romney calling out president obama for falling-- 9 million jobs soar has promised. and the bureau of labor and statistics, adding 171,000 jobs, now are the new numbers going to affect the way the candidates talk about the economy in these final days before the election in joining us now with perspective, a mitt romney supporter who deals firsthand with unemployment issues, governor jan brewer of arizona. >> good morning. >> let's talk for a moment about the jobs numbers that came out yesterday, and the president is saying that the fact that 171,000 jobs have been added shows that his policies are working and taking a little longer than he had he' hoped, but that the country is moving in the right direction. and what's your response to that? >> well, you know, we're all grateful as things are, are turning around a little bit, but the bott
. >> he said he would cut the deficit in half, instead, it's double what it was. he said he'd get unemployment by now down to 5.2%, and we learned today, it ticked up to 7.9%, that's 9 million jobs short. >> that was governor mitt romney calling out president obama for falling-- 9 million jobs soar has promised. and the bureau of labor and statistics, adding 171,000 jobs, now are the new numbers going to affect the way the candidates talk about the economy in these final days before...
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Nov 3, 2012
11/12
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i think the deficit would go up a lot for a while. we would get growth. but i'm not sure it would be anything like we saw under reagan. there is so much debt out there. there is so many headwinds. there's europe, the a administration would do less on cutting taxes if at all and probably raise spending. that's really where the difference is between the two. one of them wants a smaller government. one of them sees the government doing more things. that's a big difference. >> you know more than i do. quick answer, do you think either of them will get the 12 million jobs in four years that they're promising? >> it would be a very good outcome. i think it's a long shot, frankly. >> your answer is smarter than mine. i said i'd wear a dress for a week if it happened. you're in less danger. thanks very much for being with us. >>> let's get back to ohio. let's get back to the auto bailout. president obama bailed out the auto industry. mitt romney says the bailed out auto companies are using that money to ship jobs to china. we'll get to the bottom of what really h
i think the deficit would go up a lot for a while. we would get growth. but i'm not sure it would be anything like we saw under reagan. there is so much debt out there. there is so many headwinds. there's europe, the a administration would do less on cutting taxes if at all and probably raise spending. that's really where the difference is between the two. one of them wants a smaller government. one of them sees the government doing more things. that's a big difference. >> you know more...
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Nov 4, 2012
11/12
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and then i gave you four years of declining deficits and four years of surpluses. and then they got back in with the same old theory that governor romney was advancing and they doubled the debt again. so this should explain something to you. obama's plan brings the debt down and it's based on arithmetic. what is romney's plan? another big tax cut for upper income people. give the highest of us, highest income people 60% of the tax cut. and then cut the investment in all of these 21st century jobs, repeal the student loan law, making the loans more expensive and harder to repay and keeping us down there in the rankings of college graduates. and don't produce a budget. you say, well, governor, you want to spend $2.5 trillion more than the president wants to spend. you want to cut taxes $5 trillion more than he wants to cut taxes. and you've only identified about a trillion dollars worth of tax deductions on companies that you want to repeal to lower the corporate income tax. that's president obama's idea. but that leaves $6.5 trillion. even if you fill it, you want t
and then i gave you four years of declining deficits and four years of surpluses. and then they got back in with the same old theory that governor romney was advancing and they doubled the debt again. so this should explain something to you. obama's plan brings the debt down and it's based on arithmetic. what is romney's plan? another big tax cut for upper income people. give the highest of us, highest income people 60% of the tax cut. and then cut the investment in all of these 21st century...
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Oct 27, 2012
10/12
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he broke his promises about cutting the debt and deficit in half in his first term. >> there are those who believe since the reconstruction, there has always been a backlash to progress that had a racial hue to it. this is another example i. you know what -- [overlapping dialogue] >> you are saying, if you vote against obama -- >> i didn't say that. i am saying amongst those who are criticizing the president, resisting the president and who are making -- >> my criticism is because he has failed -- [overlapping dialogue] >> blank statement for everyone. shucking and jiving, buddy. i got news for you -- >> hang on. >> trumpet -- >> get me the decoder ring for chris matthews. >> there is a racial divide in the economy -- there is a racial divide -- >> what -- >> racial divide matters. >> isn't it -- wait a minute. but there is real racism. when you say -- it's the word chicago and get accused of being racist, those are the -- does it hurt in terms of combatting real racial -- >> yes tdis. as someone who has dealt with these issues, you know juan williams and others, we have worked to figh
he broke his promises about cutting the debt and deficit in half in his first term. >> there are those who believe since the reconstruction, there has always been a backlash to progress that had a racial hue to it. this is another example i. you know what -- [overlapping dialogue] >> you are saying, if you vote against obama -- >> i didn't say that. i am saying amongst those who are criticizing the president, resisting the president and who are making -- >> my criticism...
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Oct 27, 2012
10/12
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he promised he would cut the deficit in half. instead he doubled it. i know he says he wants to do something to help the budget. but i learned in order to balance a budget, it starts -- it helps to have actually had a budget. to start with a budget. and -- [cheering] >> you can't balance a budget unless you start with one, and he actually put out a proposal this last year for the house and the senate to look at. there are 535 members of the house and senate combined. do you know how many people voted for his budget? zero. no one voted for his budget. paul ryan and i are going to get america on track to have a balanced budget. he took on -- during his campaign, another big promise. he said he would save medicare. he would pre serve and it protect it and save it from pending insolvency. in stead he cut medicare by $716 billion. he said he was going to have unemployment today down to 5.4%. we're nine million jobs short of that and he has no plan to get this economy going again to put americans to work. you notice there's some numbers he doesn't speak abou
he promised he would cut the deficit in half. instead he doubled it. i know he says he wants to do something to help the budget. but i learned in order to balance a budget, it starts -- it helps to have actually had a budget. to start with a budget. and -- [cheering] >> you can't balance a budget unless you start with one, and he actually put out a proposal this last year for the house and the senate to look at. there are 535 members of the house and senate combined. do you know how many...
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Nov 2, 2012
11/12
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>> i think was talking about the deficit. it's one million less than it was. but he couldn't have flished that. in terms of jobs again. megyn: i'm asking for a broader view. should he never have made those promises? can you change washington? >> no, no. if i can respond some to some of the things mike has said. it's even at 7.9%. the jobs picture is more than they thought it would be. august and september had more jobs than previously thought. we find out promised he has made. he said he would reform healthcare and end the war in iraq and get out of afghanistan. he has done so many of the things he said he would do. any second-term president is not going to be as swooned over as a first term. that's just the what it is for every president. >> his narcissistic personality, the failed promises. >> he created 4 million jobs. almost 200,000 a month being created. megyn: it won't be solved today but it will be solved tuesday one way or another. the american people will have the final say. thank you both so much. i thought it was an interesting piece. good debate. l
>> i think was talking about the deficit. it's one million less than it was. but he couldn't have flished that. in terms of jobs again. megyn: i'm asking for a broader view. should he never have made those promises? can you change washington? >> no, no. if i can respond some to some of the things mike has said. it's even at 7.9%. the jobs picture is more than they thought it would be. august and september had more jobs than previously thought. we find out promised he has made. he...
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Oct 27, 2012
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million more americans on food stamps and he broke his promises about cutting the debt in half, the deficit in half in the first term? >> there are those who believe that since the reconstruction in this country there has been a backlash to progress that had a racial hue to it and this is another example. >> sean: you are saying that if you vote against obama because you think he fail as president. >> i'm saying amongst those criticizing the president and resisting the president and who are making. >> sean: my criticism is because he failed. >> let me make -- it is your shucking and jiving buddy, i got news for you. >> trumpet call. >> get me decoder ring, chris matthews. this is ridiculous. talk about the economy and benghazi. >> it is a racial divide. >> racial divide matters. >> racial divide matters. >> sean: there is real race iism when you say the word chicago and get accused of being racist, does it hurt in terms of combating real racial -- >> yes, it does. as someone who has dealt with these issues and you don't want williams -- we all work to fight the real issues of racism in the
million more americans on food stamps and he broke his promises about cutting the debt in half, the deficit in half in the first term? >> there are those who believe that since the reconstruction in this country there has been a backlash to progress that had a racial hue to it and this is another example. >> sean: you are saying that if you vote against obama because you think he fail as president. >> i'm saying amongst those criticizing the president and resisting the...
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Nov 4, 2012
11/12
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and we fa this deficit -- could crush the fure generations. and republicans and anmocrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and gethe job done and could not care less if it's a republican or a a democr. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. as we approach the election, e local woman wants to pause politics and take a the race. k at we've got the story of a successful lawyer who decided to follow her passion for baking. herhe's showing off tops at her party. american dream cookies and cream cookies and cream, and cast your ballot birthday cake. take the cake and frosting together and a candy coating. to stand out with her cake pops. she says they are smaller than cupcakes but richer. everybody makes cupcakes and somethingnt to do everyone is doing. she says baking was her stress relief. making treats for her co- workers. man, theybrought the went berserk. much that it so them the veryg same week. i didn't do other te
and we fa this deficit -- could crush the fure generations. and republicans and anmocrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and gethe job done and could not care less if it's a republican or a a democr. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. as we approach the election, e local woman wants to pause politics and take a the race. k at we've got the story of a successful...
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Nov 1, 2012
11/12
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. introducing the new 13-inch macbook pro, ♪ with the stunning retina display. ♪ for the pro in all of us. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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to your ad full employment and then you know that the deficit is where it should be. ok so one statement what's your reaction and what's been the reaction all because i mean they're confused when they hear that and it is kind of confusing when you hear this remember and it was basically matter the reason why micromanage saying that is because he believes that. what's most important is full employment and everything and you also believe the government can actually spend and get and get the economy going and what i want to make clear is that what my comment is missing is that yes if you do spend you can get full employment and you'll get everyone a job what kind of jobs are they going to be that's a plantation economy that's why it's hard core collectivism and that's essentially what he's advocating but he just believes the government can actually do it and not miss allocate capital that's where i think he and called in a group i disagree that's why should i disagree with micro and anyone else who who who suggest that we there is no matter and that a dollar bill that ab
to your ad full employment and then you know that the deficit is where it should be. ok so one statement what's your reaction and what's been the reaction all because i mean they're confused when they hear that and it is kind of confusing when you hear this remember and it was basically matter the reason why micromanage saying that is because he believes that. what's most important is full employment and everything and you also believe the government can actually spend and get and get the...
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Nov 3, 2012
11/12
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we know what is going to reduce the deficit. >> sean: really? if you know he how to do all these things why haven't you done them the past four years? is that the best you have got, mr. president? we see what your hopey changey thing brought us all. today the unemployment rate rose yet again. higher than when you took office four years ago and now stands at 7.9%. at this point in your presidency you predictd that by october of 2012 the unemployment rate would be, let's see, 5.2% at this stage. earlier, congressman paul ryan talked about the long list of obama's broken promises. there is no end to it. watch this. >>> remember when said he would cut the deficit in half? i don't even have to follow up that one, do i? what we are seeing today is that 23 million americans are struggling to find work today. what we see today s that 15% of our fellow country men and women are living in poverty. this is the highest poverty rate in a generation. the economy is growing at less than half the rate the president said it would be growing at if only he could b
we know what is going to reduce the deficit. >> sean: really? if you know he how to do all these things why haven't you done them the past four years? is that the best you have got, mr. president? we see what your hopey changey thing brought us all. today the unemployment rate rose yet again. higher than when you took office four years ago and now stands at 7.9%. at this point in your presidency you predictd that by october of 2012 the unemployment rate would be, let's see, 5.2% at this...
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Nov 3, 2012
11/12
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by the time he left, we had massive deficits. he voted to increase the debt by $16,000 every second he was in the senate. he expanded medicare, which was good, but he did not pay for it. he was part of a senate and a house that declared two wars but did not pay for the wars and instead put them on the credit card for our kids to pay. he made a massive tax cuts to health -- to help the wealthy. he did not pay for them. we went from surplus to deficit. he voted four times to raise his own pay. he voted four times to raise the debt with it, he voted for 52,000 earmarks that totaled $121 billion. even george had to admit, spending was a problem when i was in the senate. we do not need to go back to it. he is a harsh partisan. he attacked hillary clinton as someone who does not share our values. attacking john kerry. george would not joined a gang to bring senators together. he said, we do not need to compromise. >> your rebuttal? >> john warner and i worked as a team for virginia. i am proud of john warner as a friend and ally. as fa
by the time he left, we had massive deficits. he voted to increase the debt by $16,000 every second he was in the senate. he expanded medicare, which was good, but he did not pay for it. he was part of a senate and a house that declared two wars but did not pay for the wars and instead put them on the credit card for our kids to pay. he made a massive tax cuts to health -- to help the wealthy. he did not pay for them. we went from surplus to deficit. he voted four times to raise his own pay. he...
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Nov 4, 2012
11/12
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deficits. debt. obama care. energy. all that just got wiped off the page for four or five days and that had the effect of getting everybody's mind off the election. that started over here in the last day or so. >> that is the funny thing about momentum. i'm sure you experience this, governor. one day you have it and the other day you don't but you can get it back. how lasting do you think the effect it on the romney campaign? >> nothing obama did broke romney's momentum. all the way through october obama would attack and attack and be very condescending. didn't help. in fact, it may have hurt him with women. but the blackout took all this off people's minds and now we are seeing who kind of gets the momentum back going. it is very, very close and the new york times i guess i shouldn't be surprised by what gets written in the "new york times" but almost every one of these battleground states the polling is within the margin of error. very few polls has obama got over 50% of the vote. normally a president in the last poll
deficits. debt. obama care. energy. all that just got wiped off the page for four or five days and that had the effect of getting everybody's mind off the election. that started over here in the last day or so. >> that is the funny thing about momentum. i'm sure you experience this, governor. one day you have it and the other day you don't but you can get it back. how lasting do you think the effect it on the romney campaign? >> nothing obama did broke romney's momentum. all the way...
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Oct 29, 2012
10/12
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his government needs to issue deficit bonds or public services will grind to a halt. in order to do that, he must nail down an agreement with the opposition parties. that could force him to call an election. japanese lawmakers gathered monday to start an extraordinary session of the diet. noda only delivered his opening speech to the lower house. the opposition who control the upper house didn't allow him to speak. that's never happened before. noda had an agreement in august that led to the passage of bills to raise the consumption tax and reform social security. he's angling for more agreements. he needs opposition support to help reform the electoral system to address the disparity in weight of votes among constituencies. a more pressing issue, though, is the budget. the prime minister wants opposition parties to vote in favor of a bill to allow the government to issue deficit-government bonds. he says delaying this year's budget will affect people's lives and the economy. >> translator: every year we use the deficit bond bills as a tool to make political deals. we
his government needs to issue deficit bonds or public services will grind to a halt. in order to do that, he must nail down an agreement with the opposition parties. that could force him to call an election. japanese lawmakers gathered monday to start an extraordinary session of the diet. noda only delivered his opening speech to the lower house. the opposition who control the upper house didn't allow him to speak. that's never happened before. noda had an agreement in august that led to the...
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Nov 4, 2012
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then i gave the four years of declining deficits and four years of surpluses. [applause] they got back in and they got into debt again. this should explain something to you. obama's plan brings the debt down and is based on our arithmetic. what is romney's plan? another big tax cuts for upper income people. and gives the highest income people 60% of the tax cuts. and then to cut education and investment in areas that will create jobs, cut them a lot. repeal the student loan law making it more expensive and harder to repay. keeping us down there in rankings of college graduates. do not produce a budget. you want to spend 2.4 trillion dollars more. you want to cut taxes more than he wants to cut taxes. you have only identified $1 trillion of tax deductions on companies he want to repeal. that is president obama's ideal. that leaves $6.50 trillion. how will you fill the hole? you wanted to reduce the long- term debt. how will the do that? see me about that after the election. [laughter] he has no budget. i want to vote for the president who has a budget, who has a
then i gave the four years of declining deficits and four years of surpluses. [applause] they got back in and they got into debt again. this should explain something to you. obama's plan brings the debt down and is based on our arithmetic. what is romney's plan? another big tax cuts for upper income people. and gives the highest income people 60% of the tax cuts. and then to cut education and investment in areas that will create jobs, cut them a lot. repeal the student loan law making it more...
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Oct 28, 2012
10/12
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we have a trade deficit with them of $300 billion a year. >> you can no more win a trade war than you can win an earthquake. everybody knows that. >> nobody will win in a trade war. but we've got to find some better way of balancing the trade. as pat says we have huge deficits in trade with china for decades and a good part of the reason is not because they have a very low wage cost including for a lot of american products but the fact is they keep their currency low to magnify their exports. >> the u.s. cannot win without china and china cannot win without the united states? >> true or false? >> no. >> true or false? >> i think the chinese leadership understand this is largely rhetoric. >> eleanor > issue three, pug t rules. >> throughout this week's presidential debate, there were flare ups. challenge mitt romney described what he see as how sitting president barack obama, during his four years, has conducted himself overseas. >> then the president began what i have called an apology tour of going to various nations in the middle east and criticizing america. i think they looked at
we have a trade deficit with them of $300 billion a year. >> you can no more win a trade war than you can win an earthquake. everybody knows that. >> nobody will win in a trade war. but we've got to find some better way of balancing the trade. as pat says we have huge deficits in trade with china for decades and a good part of the reason is not because they have a very low wage cost including for a lot of american products but the fact is they keep their currency low to magnify...
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Oct 28, 2012
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we have had trillion dollar deficits each year. remember when he said he would bring people together to solve the countries biggest problems? this is the third president i served with. it is the most partisan atmosphere i have ever seen. look, look at john kasich. i learned a lot from that man. i came as a young guy in congress under his leadership. following the same trail he blazed. here is a guy, who sees a problem and runs at the problem. that is what leadership is. we got big problems. we do not want a president blaming somebody else for four years. we do not want a president ducking the tough issues, demagoguing the other party. we want a president who will lead and fix this mess and solve our problems and get this country back on the right track. [applause] so it is not enough for us to complain about the broken promises or to simply highlight the fact that president obama cannot run on his record so he is trying to distort hours and distract people to win by default. this is why we are offering specific solutions, specific
we have had trillion dollar deficits each year. remember when he said he would bring people together to solve the countries biggest problems? this is the third president i served with. it is the most partisan atmosphere i have ever seen. look, look at john kasich. i learned a lot from that man. i came as a young guy in congress under his leadership. following the same trail he blazed. here is a guy, who sees a problem and runs at the problem. that is what leadership is. we got big problems. we...
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Oct 27, 2012
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trillion-dollar deficits for the last four years. >> not true. the annual deficit was already running at $1.2 trillion when obama took office. >> reporter: how is fact checking actually done? on the last presidential debate, we watched one of the oldest fact-checking groups do their job. they are called factcheck.org, established by the university of pennsylvania. four members went to work. eugene kiely used to be a newspaper reporter. he covered congress and government for more than 20 years. he is managing this evening's fact checking. been as important or central in this campaign as the economy has been up until recently, there's some material here that we're going to have to research for first time. >> reporter: as soon as the debate begins, kiely starts to type what both candidates say. he comes across figures or comments that need checking. next, he e-mails colleagues, telling them what to research. then they check the accuracy of the comments. they use official sources like those of the congressional research for candidates' past remarks.
trillion-dollar deficits for the last four years. >> not true. the annual deficit was already running at $1.2 trillion when obama took office. >> reporter: how is fact checking actually done? on the last presidential debate, we watched one of the oldest fact-checking groups do their job. they are called factcheck.org, established by the university of pennsylvania. four members went to work. eugene kiely used to be a newspaper reporter. he covered congress and government for more...
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Oct 27, 2012
10/12
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CNNW
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four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give you some context. vin weber will tell us how he gets this done. he's a policy adviser to the romney campaign and former congressman. i'm bringing you the questions people are asking me out here. >> sure. >> undecided voters, they don't disagree with the goal. they don't disagree with the idea that we want a stronger economy. but i've hit governor romney hard on his jobs claim. give me specifics as to how we get big-time jobs, 12 million jobs in four years, when we have -- we'll be lucky to get 3% economic growth next year? >> ali, first of all let me put the 12 m
four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give...
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Oct 27, 2012
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social security has not been a drain on the deficits, but there is a lot of misinformation about it. a lot of proposals floating around about privatizing so that people, especially younger people, into the market instead of having a government social safety net. what about social security that covers not only the elderly, but also those with dependent children can also security as well? putting money into private accounts to be invested by people, that is not going to be helpful to the vast majority of people. knowing where people stand on social security is very important. i want to raise an issue related to the courts. lilly ledbetter was such an explicit example of how courts can matter. and there are projections. it is hard to know what the tenure will be of the nine justices there are on the court right now. many predict that over time and in the next several years, there'll be one, two, or perhaps more vacancies on the supreme court. every vacancy makes a difference, especially given so many 5-4 decisions. who is in the senate confirming justices to the supreme court, let alone
social security has not been a drain on the deficits, but there is a lot of misinformation about it. a lot of proposals floating around about privatizing so that people, especially younger people, into the market instead of having a government social safety net. what about social security that covers not only the elderly, but also those with dependent children can also security as well? putting money into private accounts to be invested by people, that is not going to be helpful to the vast...
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Oct 29, 2012
10/12
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most estimates peg the fiscal deficit numberner from 5.7 to 5.9%. but as i said, the finance minister coming out all guns blazing and saying it cannot be a business as usual promise. the tough decidings will need to be taken. they are talking about the decisions on the taxation front. they hope to divest the government's share holding. the spectrum sale should give them another strengthening rupee will bring down their import subsidy especially as far as oil sub s citydyes are concerninged. so the government at this point in time is clear, they're also sending out a message to the reserve bank of india. it announces its mop taker poli policy, they feel it could be a signal the government is serious about bringing the fiscal deficit under control. back to you. >> all right. thanks for that report. stewart, just wondering on evaluation basis whether developing markets are starting to look more attractive to you. >> emerging markets certainly in asia have been underperforming and assuming there's no major hick upto t hiccup to the global economy. so i
most estimates peg the fiscal deficit numberner from 5.7 to 5.9%. but as i said, the finance minister coming out all guns blazing and saying it cannot be a business as usual promise. the tough decidings will need to be taken. they are talking about the decisions on the taxation front. they hope to divest the government's share holding. the spectrum sale should give them another strengthening rupee will bring down their import subsidy especially as far as oil sub s citydyes are concerninged. so...
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Nov 3, 2012
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. >> he said he was going to cut the federal deficit in half and then he doubled it. he said he was going to lower the unemployment rate down to 5.2% right now. today we learn that it's 7.9% and that's 9 million jobs short of what he promised. >> joe biden responded to romney this way today. >> called it territorial tax. it's the bain way. it means if you're going to build a factory you go find -- this is the fact. you go find a country with the lowest tax rate and the cheapest wages. build it there, pay those taxes and you never have to pay a penny in tax in the profit you make when you bring them back home. why would anybody build -- why would anybody build a factory here? ladies and gentlemen, the experts point out, that new territorial tax will create 800,000 jobs. all of them abroad. i'm not making up, all of them abroad. 800,000. i found it fascinating at their convention when governor romney said the first thing i will do when i'm elected president, i will take a jobs tour. it's going to have to be a foreign trip. >> joining me now ezra klein and eugene robinso
. >> he said he was going to cut the federal deficit in half and then he doubled it. he said he was going to lower the unemployment rate down to 5.2% right now. today we learn that it's 7.9% and that's 9 million jobs short of what he promised. >> joe biden responded to romney this way today. >> called it territorial tax. it's the bain way. it means if you're going to build a factory you go find -- this is the fact. you go find a country with the lowest tax rate and the...
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Oct 27, 2012
10/12
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he promised to cut the deficit in half, he doubled it. how about his budget? it failed to win a single vote either republican or democrat in either house of the congress. he said he would reform medicare and social security and save them from pending insolvency but he shrunk from proposing any solution at all. where are the jobs? where are the 9 million more jobs his stimulus would have created by now? they're in china, mexico, canada, in countries that have made themselves more attractive while obama's policies have made it less attractive here. his campaign tries to minimize the failures and to make this election about small shiny objects. it matters more than that. it matters to your family and the senior who needs an appointment met by a receptionist saying medicare isn't taking any patients i. it matters to the man in wisconsin i spoke with a few days ago and he used to have a job at there are 25 an hour with benefits and now has one at $8 an hour without benefits. it matters to the college student with $20,000 of student debt who now learns she'll be pay
he promised to cut the deficit in half, he doubled it. how about his budget? it failed to win a single vote either republican or democrat in either house of the congress. he said he would reform medicare and social security and save them from pending insolvency but he shrunk from proposing any solution at all. where are the jobs? where are the 9 million more jobs his stimulus would have created by now? they're in china, mexico, canada, in countries that have made themselves more attractive...
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Nov 4, 2012
11/12
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the real deficit river is healthcare. obamacare i totally solve this problem how the projects ago and had the public learns from them and approves them. nobody can map it out perfectly. most say the mean driver of deficits is health care. we are on the path to reform in that. there are plans on the table that would it presumably get the debt ratio done to a time, not in an abrupt way the still. >> it is a shame we still did not have the conservatives hair. i will not defended towards the of the bush policy deficit spending of their running out of the debt. the debt is what is -- the debt is what matters. we have to accept these facts. the issue is, how do we stop that? it is not going to be done through a combination of tax increases and a reduction in spending. they are actually in reductions to in the rate of new spending. four of the picking we do on greece and italy and spain, they have actually spent a little less the year over year and they have the year before. they are steps in the right direction. we will only ge
the real deficit river is healthcare. obamacare i totally solve this problem how the projects ago and had the public learns from them and approves them. nobody can map it out perfectly. most say the mean driver of deficits is health care. we are on the path to reform in that. there are plans on the table that would it presumably get the debt ratio done to a time, not in an abrupt way the still. >> it is a shame we still did not have the conservatives hair. i will not defended towards the...
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Oct 30, 2012
10/12
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depr
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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Oct 27, 2012
10/12
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CNNW
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the second thing is, if you look at when the president took office, christine, the trade deficit with china has grown every single year and is now going to breach $300 billion. over the course of his term we've added over $1 trillion in debt to china. the bottom line here is that china's currency won't be properly valued until we don't have a trade deficit with china. >> we're out of time, but we'll talk about it soon. great having you on again. >> thank you so much. >>> want to know how you can make $70,000 a year with an associate's degree? one of the best jobs out there. they need you. and it can't be outsourced. i'll tell you about that job right after the break. ♪ ♪ [ male announcer ] you've been years in the making. and there are many years ahead. join the millions of members who've chosen an aarp medicare supplement insurance plan insured by unitedhealthcare insurance company. go long. for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature night
the second thing is, if you look at when the president took office, christine, the trade deficit with china has grown every single year and is now going to breach $300 billion. over the course of his term we've added over $1 trillion in debt to china. the bottom line here is that china's currency won't be properly valued until we don't have a trade deficit with china. >> we're out of time, but we'll talk about it soon. great having you on again. >> thank you so much. >>>...
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Oct 31, 2012
10/12
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we're not talking about the economy and jobs, that we're not talking about obama's record for debt and deficits, health care, energy, any day we're talking about something else, that's good for obama, and so i will be surprised if he doesn't make a little bit of a comeback here. he's had a prett pretty solid mt for a month. there wasn't anything happehe m. what may stop it is this storm and not so much that the president will do a great job, although i don't have any doubt that he will. mostly what happens right after a terrible storm is we know where i come from, it's the local first responders. it's the firemen, the policeman, the highway patrolmen, the national guardsmen, the mayors, the governors, but the federal government has a role to play, a bigger role down the road, but the biggest thing is changing the subject is great for obama. he's been trying to change the subject all year. >> greta: let's talk about timing. if he changes the subject, for instance, monday night, if everyone is done early voting, doesn't matter if he changes the subject. we're a week out and the subject is being c
we're not talking about the economy and jobs, that we're not talking about obama's record for debt and deficits, health care, energy, any day we're talking about something else, that's good for obama, and so i will be surprised if he doesn't make a little bit of a comeback here. he's had a prett pretty solid mt for a month. there wasn't anything happehe m. what may stop it is this storm and not so much that the president will do a great job, although i don't have any doubt that he will. mostly...
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Oct 30, 2012
10/12
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the move comes as it looks increasingly unlikely to pass a bill to issue deficit covering bonds. the main opposition parties are against it. the bonds are necessary to implement the budget. government officials say they could run out of money by the end of november unless it's passed. it was scheduled on friday to allocate $27 billion to prefectures and $24 billion to municipalitie municipalities. some tax grants due in september have already been deferred. people in cash strapped municipalities can expect the latest delay to expect financing and disrupt public services. that's all for me for now. i'll leave you with the markets this tuesday here in asia. >>> the discussion included disputed islands in the south china sea. they agree to continue talks to establish a declaration of conduct with their will to resolve the issue peacefully. countries have been asking china to agree to a legal biding code of conduct governing behavior in the disputed region. they have failed to reach substantial progress over the issue. china has been reluctant to establish a code of conduct despite t
the move comes as it looks increasingly unlikely to pass a bill to issue deficit covering bonds. the main opposition parties are against it. the bonds are necessary to implement the budget. government officials say they could run out of money by the end of november unless it's passed. it was scheduled on friday to allocate $27 billion to prefectures and $24 billion to municipalitie municipalities. some tax grants due in september have already been deferred. people in cash strapped...